BlackRock, the world’s leading provider of Exchange Traded Funds (ETFs), have been investigating the disruptive implications of blockchain and cryptocurrency since July, when they set up a working group to assess the technology, sparking rumours that they were establishing a bitcoin ETF. Although this was dismissed by CEO Larry Fink, who stated that his clients…
As Bitcoin ranges in the $6,000-7,000 range and regains its market dominance, many altcoins are being pushed to their year-to-date lows which is resulting in an overwhelmingly bearish market sentiment. Due to the negative market sentiment, mainstream media outlets have been quick to liken the 2018 crypto crash to the dot-com bubble burst in 2000.…